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South African bank highlights importance of US-Africa business summit
10th July 2023 By: Rebecca Campbell

South Africa’s Standard Bank (not to be confused with the now-unrelated UK-based Standard Chartered Bank) has highlighted the importance of the US-Africa Business Summit, which will run from... 


South African trade to suffer heavily if Russian arms aid allegations persist – Nedbank
7th July 2023 By: Marleny Arnoldi

Nedbank commercial banking agriculture head John Hudson has shared his unease over the potential fallout following South Africa’s alleged supply of arms to Russia in December 2022, as alleged by US... 


African, global investors close $500m infrastructure fund
7th July 2023 By: Cameron Mackay

Prominent African and global institutional investors have signed on to the new $500-million Africa50 Infrastructure Acceleration Fund, a move described as an unprecedented milestone for Africa. The... 


Two mask-wearing men at the MECAD stand
Firm returns to KITE
7th July 2023

Engineering solutions provider  MECAD is expected to once again attend the KwaZulu-Natal Industrial Technology Exhibition (KITE) to be hosted at the Durban Exhibition Centre from July 18 to 20.... 


From left to right: Royal Bafokeng Institute nonexecutive director Stacey-Lee Bolon, Illovo Sugar Africa group community services manager Jason Baker, De Beers group of companies South Africa supply chain performance and risk senior manager Laren Perumal, Live Moya South Africa director Racuni Naidoo and Lucient Engineering and Construction, South Africa director Masego Mokitimi
Innovation, partnerships can boost ESG outcomes
7th July 2023 By: Bridget Lepere

Innovation is key to driving change in the work environment and in communities, Illovo Sugar Africa group community services manager Jason Baker told attendees of the three-day Deloitte... 


a black and white photo of an adult male hand under a tap with sparse water dripping out if it
Urbanisation placing pressure on water infrastructure
7th July 2023 By: Halima Frost

Africa’s already limited water infrastructure will likely face increased strain as multiple countries experience rapid urbanisation, says market research company Frost & Sullivan Africa consultant... 


Trees used to make paper in South Africa are specifically farmed, as tree growing and paper making processes are audited, certified, and sustainability managed
Pamsa stresses comprehensive sustainability of forestry, papermaking
5th July 2023 By: Cameron Mackay

Industry association the Paper Manufacturers Association of South Africa (Pamsa) has emphasised the environmental, economic and social sustainability benefits of the local papermaking and recycling... 


renewable energy technologies
UN seeks to help developing countries access more funds for renewables investment
5th July 2023 By: Darren Parker

The world’s least developed countries rely on external sources for almost three-quarters of their energy investment but may pay up to seven times more than developed countries to access... 


ICH notes that its decision to sell the fertiliser business was not based on slowing demand, but rather on it changing its focus
ICH finalises fertiliser division sale to K+S Group
4th July 2023 By: Cameron Mackay

International company Industrial Commodities Holdings (ICH) has finalised the sale of the ICH fertiliser business to Fertiva, an entity which is now majority-owned by German fertiliser supplier K+S... 


Basic resources sector leads way as CEO confidence improves
4th July 2023 By: Cameron Mackay

Advisory company Merchantec Capital’s CEO Confidence Index for the second quarter of this year has “shed light on the impact of artificial intelligence (AI) on business growth and operational... 


A US flag at the Capital building in Washington DC
South Africa must clarify Russia stance, set out clear policy on supply of weapons – BLSA
3rd July 2023 By: Schalk Burger

South Africa's ambiguous stance on Russia has led to the US Congress and Senate noting that the docking of the Lady R vessel, in Simon’s Town naval base in May, and the joint military drills with... 


Mondi completes sale of three assets in Russia
3rd July 2023 By: Cameron Mackay

Packaging and paper manufacturer Mondi confirms that the sale of its three Russian packaging converting operations to safety equipment supplier Gotek Group for Rb1.6-billion has been completed.... 


AmaranthCX director Paul Miller
Policymakers urged to fix distorted public market as South African delistings continue
3rd July 2023 By: Marleny Arnoldi

The public market continues to see delistings on the JSE and other South African stock exchanges at an alarming rate, says consultancy and research provider AmaranthCX director Paul Miller, with 14... 


Hudaco CEO Graham Dunford
Hudaco reports strong interim result despite difficult market conditions
30th June 2023 By: Darren Parker

JSE-listed industrial products supplier Hudaco Industries has reported a strong performance amid a challenging six months ended May 31, with turnover having increased by 12.4% to R4.3-billion,... 


US DFC to lead delegation to US-Africa Business Summit
30th June 2023 By: Tasneem Bulbulia

US International Development Finance Corporation (DFC) CEO Scott Nathan will lead a high-level US delegation to the US-Africa Business Summit, to be held in Gaborone, Botswana, from July 11 to 14.... 


Letters spelling out BRICS
Ethiopia asks to join Brics bloc of emerging economies
30th June 2023 By: Reuters

Ethiopia, one of Africa's fastest-growing economies, has asked to join the Brics bloc of emerging markets, the foreign ministry said on Thursday. The term BRIC was coined by Goldman Sachs economist... 


Hume International logistics and operations director Roy Thomas
Potential Agoa expulsion would add to South Africa’s growing chicken price problems
29th June 2023 By: Cameron Mackay

Food importer Hume International logistics and operations director Roy Thomas stresses that the looming threat of South Africa’s expulsion from the African Growth and Opportunity Act (Agoa) trade... 


A box of oranges
Citrus growers say EU pest rules putting the squeeze on exports
28th June 2023 By: Reuters

New European Union (EU) pest control rules will cut South Africa's orange exports to Europe by 20% this year, threatening thousands of jobs, the Citrus Growers Association (CGA) has said. The new... 


German Vice Chancellor and Minister of Economic Affairs and Climate Action Robert Habeck
South Africa, Germany to establish a task force to drive green hydrogen production, trade
28th June 2023 By: Schalk Burger

Electricity Minister Dr Kgosientsho Ramokgopa has, on behalf of the South African government, signed a joint declaration for the planned establishment of a South African-German Hydrogen Task Force... 


Sars’ Kieswetter elected chairperson of the World Customs Organisation
26th June 2023 By: Cameron Mackay

The South African Revenue Service (Sars) has welcomed the election of Sars Commissioner Edward Kieswetter as chairperson of intergovernmental body the World Customs Organisation (WCO). The election... 


Afreximbank, Ghana Railway to develop western railway corridor
23rd June 2023 By: Cameron Mackay

Pan-African financial institution the African Export-Import Bank (Afreximbank) and railway operator Ghana Railway have signed a project preparation facility head of terms agreement and pre-mandate... 


Global trade growth resumes despite poor outlook – Unctad
22nd June 2023 By: Cameron Mackay

Trade growth was positive for both goods and services in the first quarter of the year, intergovernmental organisation the United Nations Conference on Trade and Development (Unctad) reports in its... 


Afreximbank launches suite of digital services to promote AfCFTA functioning
22nd June 2023 By: Cameron Mackay

Pan African financial institution the African Export-Import Bank (Afreximbank), in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat, have launched the Africa Trade... 


maize
Agriculture Master Plan still doable but needs adjusting
20th June 2023 By: Darren Parker

Agricultural Business Chamber of South Africa chief economist Wandile Sihlobo has asserted that the implementation of the Agriculture and Agroprocessing Master Plan (AAMP) is still doable. However,... 


Chinese and South African flags
China, South Africa to strengthen new energy investments, cooperation
13th June 2023 By: Schalk Burger

China and South Africa will deepen cooperation, trade and investment in new energy technologies to help South Africa overcome its energy challenges and reignite its economic growth. During the... 


Actom Group CEO and Manufacturing Circle chairperson Mervyn Naidoo
Manufacturers, free trade can help to overcome Africa's energy crisis
12th June 2023 By: Schalk Burger

African manufacturers have a significant role to play in helping to remedy the continent’s energy crises by developing innovative solutions for energy storage and access. By creating products... 


A globe focused on Southern African countries
Brazil’s Lula eyes trips to Africa to boost trade, diplomacy
12th June 2023 By: Bloomberg

Brazil is seeking to mend ties with Africa, largely ignored by the Bolsonaro administration, as the government prepares for two rounds of official trips to the continent. President Luiz Inácio Lula... 


Magazine Cover Image
AfCFTA holds promise for SA exports, but implementation roadblocks remain
9th June 2023 By: Simone Liedtke

While the Africa Continental Free Trade Area (AfCFTA) Agreement presents a significant opportunity to access a larger market for South Africa’s exports and the local manufacturing sector, industry... 


A large cement manufacturing plant with green landscape behind.
Infrastructure projects critical to sector’s growth
9th June 2023 By: Halima Frost

The cement and concrete industry is stagnant and the only avenue for rejuvenation is the implementation of some of the infrastructure projects for which government has allocated over R900-billion,... 


a portrait image of CCSA CEO Bryan Perrie and CCSA business development manager and event organiser Hanlie Turner
Event promotes sector research
9th June 2023 By: Halima Frost

Industry body Cement & Concrete South Africa (CCSA) will host its second biennial Young Concrete Researchers, Engineering and Technologists Symposium (YCRETS) from July 12 to 14. The event is aimed... 


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